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New Deal


Announced

Completed

Imperial Brands completed the acquisition of the nicotine pouches business of TJP Labs.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

Cross Border

Friendly

Single Bidder

Acquisition

Private

Canada

nicotine products

Completed

Tobacco

Synopsis

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Imperial Brands, a tobacco company, completed the acquisition of the nicotine pouches business of TJP Labs, a manufacturer of nicotine products. Financial terms were not disclosed. “This is an opportunity to expand our next generation product offerings in the U.S. and to be able to offer our legal adult consumers a wider range of product options. We look forward to a long and successful partnership with TJP Labs," Kim Reed, ITG Brands President and CEO.

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